Marketplace Morning Report for Tuesday, February 12, 2013
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As North Korea conducts another nuclear test, its neighbors weigh more sanctions. Publishing company McGraw-Hill, which owns the credit rating agency Standard & Poor's that is the target of a $5 billion lawsuit by the Justice Department, reports earnings today. Ohio Gov. John Kasich's (R) budget proposal cuts income taxes and it lowers the sales tax. But there's the catch: It levies sales taxes on a big list of services for the first time.
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Betting wrong on gentrification in Chicago, the safest year for air travel since 1945, and looking back at the president's first term, where have the jobs actually come from?
Posted In: Airlines, safety, Tech
Today marks four years to the day since the last fatal crash of a commercial airliner in the U.S. In addition, the New York Times points out that last year was the safest for global air travel since 1945.
Posted In: North Korea, nuclear, China
The test is the country's third and is being condemned by the United States and other countries in the region.
Posted In: Ohio, John Kasich, Taxes
Gov. John Kasich's budget proposal cuts income taxes and it lowers the sales tax, but there's a catch. It levies sales taxes on a big list of services for the first time.
Posted In: Standard & Poor's, fraud, Department of Justice
The lawsuit against Standard & Poor's seeks a $5 billion penalty that could be a 'death knell' for parent company McGraw-Hill.
Posted In: Jobs, State of the Union, health care, Education
Perhaps every successful politician promises employment. But looking back at the president's first term, where have the jobs actually come from?